Currency Converter

About the exchange rates

The converter fetches daily reference exchange rates from free, open currency data sources and tries a backup provider if the first one is unavailable. Reference rates are published once per day, which makes them suitable for budgeting, planning a trip or comparing prices in different countries. They are not live trading prices, so they can differ from the rate at the moment you pay.

Why your bank's rate is different

• Spread: banks and exchange counters add a margin to the mid-market rate, often a few percent.
• Fees: card providers and money-transfer services may charge fixed or percentage fees on top.
• Timing: rates move during the day, while a daily reference rate stays fixed until the next update.

Use the converted figure as a benchmark: if an offer is far worse than the reference rate, you are paying a high hidden cost.

Using it for travel, shopping and business

When shopping from overseas stores, convert the price first, then add shipping, import duty and tax. Freelancers invoicing in another currency can use it to estimate what an invoice will be worth in their home currency; the Invoice Maker supports creating the invoice itself. If you are comparing loan offers in different currencies, run the numbers through the EMI / Loan Calculator after converting. For quick maths on the result, the Percentage Calculator shows how much a rate move changes the cost. Rates need an internet connection to load, and you should not rely on this tool for high-value or time-sensitive transfers; check the live rate with your provider before sending money.